Iec code under which act

No hard copies of Part 1 may be submitted. However in cases where applications are submitted otherwise, hard copy of Part 1has to be submitted. Only relevant portions of Part 2 need to be filled in. Rs Certificate from the Banker of the applicant firm in the format given in Appendix 18A.

Two copies of passport size photographs of the applicant duly attested by the Banker of the applicant. Self addresses envelope with Rs. Get Sample Now Which service s are you interested in? Export Data. Import Data. Exim Help. What is New? Date: Notification No. Exchange rates Notification No. Date: Public Notice No.

Date: Trade Notice No. Which service s are you interested in? OR Exim Help. Export Data Import Data Both. Buyers Suppliers Both. How to apply for IEC online. Now DGFT w. If it seems confusing or if you are stuck somewhere in the documentation, then there is no need to worry, Complianceship will be there to help you, just consult our team and get it done with ease.

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In order to submit a comment to this post, please write this code along with your comment: fb0fc03a4faaea6d1bf9cc0. User Menu. DGFT Articles. Shipment clearance —Shipment is the final step to export goods, one needs to show IEC in order to succeed in shipment clearance Custom clearance -it is a verification check process of the goods imported.

Name : Aman Khan. Member Since : 10 Jul Total Posts : 4. My objective is first to gain knowledge and second to share knowledge. In this age of cut-throat competition, everyone wants to grow their business beyond the limits of the domestic market.

Before going global, you need to follow several procedures and laws in place and get different registration and license. It is also known as Importer- Exporter Code. IEC is a digit code which has a lifetime validity. Predominantly importers merchant cannot import goods without the Import Export Code and similarly, the exporter merchant cannot avail benefits from DGFT for the export scheme, etc.

Finally, once your application is approved then you would receive the IEC Code in a soft copy from the government. IEC assists you in taking your services or product to the global market and growing your businesses. IEC does not require the filing of any returns. IEC code is effective for the lifetime of an entity and requires no renewal.

After it is obtained, it could be used by an entity against all export and import transactions.